British Friendly is trialling 'Immediate Support Payment' for claims received on income protection policies that have been in force for at least three months.
The friendly society said it would begin payment of the weekly benefit amount at the end of the deferred period, whether the supporting medical evidence had been received or not, "subject to eligibility...
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Retail investors set to be restricted initially
The fact that emotions can so significantly impact investment decisions means the issue is becoming ever more important for advisers